Bitcoin dominance dips to 55.81%, down from its November 2024 top of 61.53%. Declining BTC dominance has paved the way for the altcoin season, with over 75% of the top 100 altcoins consistently outperforming Bitcoin. Let’s deep-dive into the top 10 altcoins for beginners to buy in December 2024. Table of Contents Why Bitcoin dominance matters...
XRPLedger’s native token (XRP) gained 12% on Nov. 29 as the altcoin held steady above $1.7300, rallying alongside Bitcoin (BTC), Ethereum (ETH), Dogecoin (DOGE), and other leading cryptocurrencies. Table of Contents XRP on-chain indicators signal price growth XRP eyes retest of April 2021 peak XRP derivatives traders turn bullish Strategic considerations XRP on-chain indicators signal price growth XRP...
Bitcoin is under pressure again on concerns about possible sales of the token by creditors of the failed Mt. Gox exchange, which has begun returning a roughly $8 billion hoard of the largest digital asset. The original cryptocurrency slid about 5% to trade at $54,400 as of 9:25 a.m. Monday in Singapore, some $19,000 below March’s...
The price of dog-themed meme coin Dogecoin (DOGE) shot up 10.1% to go above the $0.20 mark over the past 24 hours. The meme coin has been on an upward trend in the last couple of days, gaining 7% on April 6 to surpass $0.18 after a period of stability earlier in the week. Analysts attributed the...
Crypto exchange Coinbase has announced its plan to launch futures trading products for Dogecoin, Litecoin, and Bitcoin Cash, potentially as early as April 1. The latest move was detailed in three separate communications to the United States Commodity Futures Trading Commission (CFTC) on March 7. Through the initiative, Coinbase Derivatives aims to offer cash-settled futures contracts for these cryptocurrencies on...
Memecoins took the hardest hit in today’s market selloff, losing almost double the market cap of the average market. Earlier today reports from Matrixport regarding the SEC’s potential rejection of Bitcoin ETF applications triggered a significant liquidation across the market. Within four hours, the market lost over $540 million, with Bitcoin and Ethereum dipping nearly 10%. However, it appears...
